Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 01, 2012 |
signed chap.609 |
Dec 28, 2011 |
delivered to governor |
Jun 16, 2011 |
returned to senate passed assembly |
May 09, 2011 |
ordered to third reading cal.254 substituted for a3614 |
Apr 04, 2011 |
referred to corporations, authorities and commissions delivered to assembly passed senate |
Feb 15, 2011 |
advanced to third reading |
Feb 14, 2011 |
2nd report cal. |
Feb 08, 2011 |
1st report cal.68 |
Jan 26, 2011 |
referred to energy and telecommunications |
Senate Bill S2581
Signed By Governor2011-2012 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D) Senate District
(R) Senate District
(R, C) 7th Senate District
2011-S2581 (ACTIVE) - Details
2011-S2581 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2581 TITLE OF BILL: An act to amend the public service law, in relation to the Long Island power authority PURPOSE: To codify and clarify the requirement that LIPA rates may not be increased an average of two and one half percent over a twelve month period without the approval of the Public Service Commission (PSC). SUMMARY OF PROVISIONS: Section 1 requires average customer rate increases by the Long Island Power Authority exceeding 2.5% in a twelve month period to be approved by the Public Service Commission after a full evidentiary hearing. Section 2 requires LIPA to notify the Public Service Commission of any rate increase exceeding 2.5% over a twelve month period. Section 3 establishes the effective date. JUSTIFICATION: LIPA rates have been raised seven times since 2001 increasing more than 34% without ever going before the Public Service Commission as required in the agreement authorizing LIPA to issue debt. LIPA has included costs within its fuel surcharge that are not part of the industry standard and
2011-S2581 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 2581 A. 3614 2011-2012 Regular Sessions S E N A T E - A S S E M B L Y January 26, 2011 ___________ IN SENATE -- Introduced by Sens. LAVALLE, FUSCHILLO, MARTINS -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications IN ASSEMBLY -- Introduced by M. of A. SWEENEY, HOOPER, WEISENBERG, LAVINE, SCHIMEL, RAMOS, ENGLEBRIGHT -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public service law, in relation to the Long Island power authority THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 5 of the public service law is amended by adding a new paragraph i to read as follows: I. TO THE LONG ISLAND POWER AUTHORITY AND/OR ITS SUBSIDIARIES WHEN SUCH AUTHORITY SHALL PROPOSE IMPLEMENTATION OF AN INCREASE IN AVERAGE CUSTOMER RATES EXCEEDING TWO AND ONE-HALF PERCENT OVER A TWELVE MONTH PERIOD, OR TO EXTEND OR REESTABLISH ANY PORTION OF A TEMPORARY RATE INCREASE OVER TWO AND ONE-HALF PERCENT; SUCH PROPOSED INCREASE, EXTEN- SION OR REESTABLISHMENT SHALL NOT BE IMPLEMENTED WITHOUT APPROVAL OF THE COMMISSION FOLLOWING A FULL EVIDENTIARY HEARING PURSUANT TO REGULATIONS. S 2. The public service law is amended by adding a new section 24-c to read as follows: S 24-C. NOTICE BY LONG ISLAND POWER AUTHORITY PRIOR TO CERTAIN RATE CHANGES. PURSUANT TO THE REQUIREMENTS OF PARAGRAPH I OF SUBDIVISION ONE OF SECTION FIVE OF THIS ARTICLE, THE LONG ISLAND POWER AUTHORITY AND/OR ANY OF ITS SUBSIDIARIES SHALL NOTIFY THE COMMISSION OF ANY PROPOSED RATE INCREASE EXCEEDING TWO AND ONE-HALF PERCENT OVER A TWELVE MONTH PERIOD OR THE EXTENSION OR REESTABLISHMENT OF ANY PORTION OF A TEMPORARY RATE INCREASE OVER TWO AND ONE-HALF PERCENT, AND SHALL COMPLY WITH APPLICABLE REGULATIONS OF THE COMMISSION FOR EVIDENTIARY HEARINGS PRIOR TO THE IMPLEMENTATION OF ANY SUCH RATE CHANGE. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02907-01-1
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